NetWalker | Breaking Cybersecurity News | The Hacker News

A dual Russian and Israeli national has been charged in the United States for allegedly being the developer of the now-defunct LockBit ransomware-as-a-service (RaaS) operation since its inception in or around 2019 through at least February 2024. Rostislav Panev , 51, was arrested in Israel earlier this August and is currently awaiting extradition, the U.S. Department of Justice (DoJ) said in a statement. Based on fund transfers to a cryptocurrency wallet owned by Panev, he allegedly earned approximately $230,000 between June 2022 and February 2024. "Rostislav Panev for years built and maintained the digital weapons that enabled his LockBit co-conspirators to wreak havoc and cause billions of dollars in damage around the world," U.S. Attorney Philip R. Sellinger said . LockBit, which was one of the most prolific ransomware groups, had its infrastructure seized in February 2024 as part of an international law enforcement operation called Cronos. It gained notoriety for tar...

A former affiliate of the Netwalker ransomware has been sentenced to 20 years in prison in the U.S., a little over three months after the  Canadian national pleaded guilty  to his role in the crimes. Sebastien Vachon-Desjardins, 35, has also been ordered to forfeit $21,500,000 that was illicitly obtained from dozens of victims globally, including companies, municipalities, hospitals, law enforcement, emergency services, school districts, colleges, and universities. Launched in 2019, the Netwalker attacks particularly singled out the healthcare sector during the COVID-19 pandemic, opportunistically taking advantage of the situation to extort money from victims. "The defendant in this case used sophisticated technological means to exploit hundreds of victims in numerous countries at the height of an international health crisis," U.S. Attorney Roger B. Handberg for the Middle District of Florida  said . Vachon-Desjardins, an IT engineer working for the Canadian governm...

Find out how Reco keeps Microsoft 365 Copilot safe by spotting risky prompts, protecting data, managing user access, and identifying threats - all while keeping productivity high. Microsoft 365 Copilot promises to boost productivity by turning natural language prompts into actions. Employees can generate reports, comb through data, or get instant answers just by asking Copilot.  However, alongside this convenience comes serious security concerns. Copilot operates across a company's SaaS apps (from SharePoint to Teams and beyond), which means a careless prompt or a compromised user account could expose troves of sensitive information.  Security experts warn that organizations shouldn't assume default settings will keep them safe. Without proactive controls, every file in your organization could be accessible via Copilot. A malicious actor might use Copilot to discover and exfiltrate confidential data without having to manually search through systems. With the right prom...

A former Canadian government employee this week agreed to plead guilty in the U.S. to charges related to his involvement with the NetWalker ransomware syndicate. Sebastien Vachon-Desjardins , who was  extradited to the U.S.  on March 10, 2022, is accused of conspiracy to commit computer fraud and wire fraud, intentional damage to a protected computer, and transmitting a demand in relation to damaging a protected computer. The 34-year-old IT consultant from Gatineau, Quebec, was initially apprehended in January 2021 following a coordinated  law enforcement operation  to dismantle the dark web infrastructure used by the NetWalker ransomware cybercrime group to publish data siphoned from its victims. The takedown also brought its activities to a standstill. A search warrant executed at Vachon-Desjardins's home in Canada resulted in the seizure of 719 bitcoin, valued at approximately $28.1 million at the time, and $790,000 in Canadian currency. In February 2022, the ...